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engagement center. hp's technology helps us turn millions of tweets, posts and stories into real-time business insights that help nascar win with our fans. >>> it's time for "power pitch" where we give innovative companies 60 seconds. let's see if this company has what it takes to be the next big thing. >> on today's "power pitch" we have a founder who wants you to get your online news from avatars, people or puppies, who will read it to you. i'm not kidding. freddie laker is ceo of guide. he's created the world's first 24-hour internet radio station. and more recently, he's consulted brands like coca-cola and espn on digital strategy. well, this is his "power pitch." >> hi, i'm freddie laker, owner and founder of guide. we developed an application that turns your online news in social stream like facebook or twitter into tv. our goal is to allow you to watch your favorite news instead of having to read it. we're doing this using a combination of the latest technology in speech technology, avatar tech that changes static online news pages into a video news show very much like wha
twice that. that is according to s&p capital iq. >> that prize itself on being a technology vanguard. if they have these hiccups how well are they serving their clients in the future. >> rennance capitol tells us that the new york stock exchange was gaining ground before facebooks ipo but that nasdaq fumbled one of the most popular ipo's ever. it gave the new york stock exchange ammunition. today's pitching will likely do the same. the exchange says the lead is likely accelerating. it has raised four times more capital than any other marketplace with a record. now of course all eyes are on what twitter, dropbox, and other technology and uber will choose and which exchange they will choose when they go public in the next year. >> thank you very much. and in today's question of the day, we asked after yesterday's shut down, what are you thinking today. the sec needs tighter regulation. 59% says the nasdaq needs to get it together. that is interesting. 15% say this makes me less likely to trade all together. >> that is a tough one. several big name emerging markets. the impact on the do
said it, it's all this technology coming together. it's high-speed trades, rapid fire in, and the system -- >> just to step in, i know you're going there to blame high frequency trading as the problem here, but that wasn't the situation. >> no, no, i'm saying let's put it all together and look at market structure. we have a problem with market structure in this country. we don't need 90 venues to trade spots because they don't trade like retail. >> i agree with that point. the point is we ever the system that the securities exchange commission wanted to have. they have to dismantle the nyse and the nasdaq monopoly, they wanted to open up competition, they wanted new exchanges to come in, they wanted to trade in pennies. this technology did come about and offer high frequency trading, but we have the system that they wanted now, and i agree with your point. it is needlessly complicated. >> sorry, i think the system is working very well. there is a problem somewhere. while they work on that problem, they shut the trades down so nobody has a disadvantage across all platforms
100, which was at a 13-year high has come down a little. technology is the worst performing sector in today's trade and this is something we typically see where there are geopolitical concerns weighing on the market. they get out of risk adverse sectors like tech. just as commodity traders have gold as the safe haven, apple, market theorist pointing out, objects of excessive enthusiasm in 2012 when investors flocked to the assets of safe haven trade. there is a cleardy verge ens but that's not the case today. >>> oil may be the eye of the financial market storm. with the two-year notes getting back to gold and oil, you can see west texas crude is up almost 3%. the international benchmark will be what emerging markets will struggle with and benchmark more likely to be impacted by any military action in the gulf. let's get to rick santelli for more on the two-year auction. >> well, first, it was 34 billion. we've been doing packages including the 2-year of $35 million, you have to go to october of '08 to find one less than 35. two-year notes, the yield at auction 3.86, exactly where
Search Results 0 to 3 of about 4